ANSWER Dear Investor,
Majesty FX presents itself as a registered entity in Saint Lucia with a physical address in Georgia, yet it explicitly admits to holding no valid financial license from any recognized regulator. While we can confirm the existence of a company bearing the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration merely grants it International Business Company (IBC) status. It is crucial to understand that an IBC registration in Saint Lucia does not constitute a financial license, and the IFC strictly neither regulates nor licenses forex trading activities.
Furthermore, despite the broker's claim of having a physical presence in Georgia, our investigation into the official register of the National Bank of Georgia (NBG) yielded no record of Majesty FX Ltd or any associated entity authorized to provide financial services.
Operating without regulatory supervision is a definitive red flag for fraudulent activity. Therefore, based on the complete lack of authorization and transparency, Majesty FX appears to be a scam, and we strongly advise you to avoid any interaction with this platform to protect your capital.
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